Australia Significantly Hikes Student Visa Fees to Control Migration
ByAinvest
Sunday, Jun 30, 2024 11:48 pm ET1min read
V--
Australia has raised student visa fees by 125% to A$1,600 to curb international student migration and improve migration system integrity. This move, part of a broader strategy, aims to slow Australia's migration surge post-pandemic, which has seen international student numbers soar to over 650,000. The revenue will be used to fund Australian students and local apprenticeships. Additional measures include raising the Temporary Skilled Migration Income Threshold and shortening temporary graduate visas, among others.

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet